Australians cautiously cheered today as gains on Wall Street and a sharp fall in oil prices propelled the Australian equities market. Nevertheless, with one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias…
The Australian Equities market closed the day at its lowest level since the summer of 2006 as the financial sector continued to squeeze the market. Therefore, with three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the…
The Australian equities market fell sharply today after weak performances by large mining firms, banks and property trusts. Therefore, with one red light and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market with a bias to the downside.You…
The Price of the VVC/AU, like the other major indicators, had a lackluster week capping off a rather bleak month. Despite slight gains at the beginning of the week, the Price of the VVC/AU fell to $2.28 this week, down $0.01 from last Friday’s reading. The MTI remained in a narrow…
The Australian equities market closed at a near two-year low as large mining firm stocks fell and rising oil prices sparked fears of an economic slowdown. Therefore, with three red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play…
The Australian equities market closed at its lowest mark in three months after being dragged down by the resource sector and large retailers. Therefore, with two red lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market to…
The Australian equities market ended the day down as gains in the financial sector were trumped by losses in the resource sector. Therefore,with three yellow lights and a DnDn situation Prudent Investors should not buy stocks at this time.Aggressive Investors and Traders should play the market up or down…